NDLI: Multi-agent coordination in market environment for future electricity infrastructure based on microgrids

Content Provider	IEEE Xplore Digital Library
Author	Rui Duan Deconinck, G.
Copyright Year	2009
Description	Author affiliation: Dept. Electrical Engineering (ESAT), Div. ELECTA, Katholieke Universiteit Leuven, Leuven, Belgium (Rui Duan; Deconinck, G.)
Abstract	Although the financial crisis shrinks oil price, human as an entire race still face the future of a hot, flat and crowded world [1]. Therefore, a critical transformation from our traditional energy consumption manner of fossil fuel combustion must be made. After years of endeavor in research and experiment, a number of Renewable Energy Sources (RES) has already become technically available as alternatives. A pivotal task still needed to be carried out is adapting the existing electricity infrastructure, which is still a very efficient energy delivery facility, to incorporate emerging RES openly and equally. For the purpose of wide adoption of RES, which results in the evolution to next generation infrastructure for electricity, impellers should contain economic and political measures, rather than only technology. In this paper, we introduced the architecture of future electricity infrastructure based on microgrids for high RES penetration. Moreover, we brief the mechanisms of a prevailing electricity market, for economical incentives of RES accommodation. Most important of all, the multi-agent model of the proposed system and its coordination mechanism within the market environment is elaborated.
Starting Page	3959
Ending Page	3964
File Size	206497
Page Count	6
File Format	PDF
ISBN	9781424427932
ISSN	1062922X
DOI	10.1109/ICSMC.2009.5346645
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-10-11
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Power system economics Power generation economics Environmental economics Fuel economy Petroleum Humans Face Energy consumption Fossil fuels Combustion demand response multi-agent electricity market infrastructure microgrid renewable energy
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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